Royce Micro-Cap Trust (RMT) Short Interest Ratio & Short Volume

Short interest is the volume of Royce Micro-Cap Trust shares that have been sold short but have not yet been closed out or covered. As of April 15th, traders have sold 37,500 shares of RMT short. Learn More on Royce Micro-Cap Trust's current short interest.

Royce Micro-Cap Trust saw a decline in short interest in the month of April. As of April 15th, there was short interest totaling 37,500 shares, a decline of 20.7% from the previous total of 47,300 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies in the industry of "investment offices, not elsewhere classified" compare to Royce Micro-Cap Trust: BlackRock MuniAssets Fund, Inc. (0.35%), Nuveen Pennsylvania Quality Municipal Income Fund (0.13%), VanEck Biotech ETF (0.09%), BlackRock MuniVest Fund, Inc. (0.04%), Invesco California Value Municipal Income Trust (0.05%), BlackRock MuniYield New York Quality Fund, Inc. (0.36%), Horizon Technology Finance Co. (1.62%), BlackRock Debt Strategies Fund, Inc. (0.42%), DWS Municipal Income Trust (0.04%), BlackRock MuniYield Fund, Inc. (0.58%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling RMT is an investing strategy that aims to generate trading profit from Royce Micro-Cap Trust as its price is falling. RMT shares are trading up $0.11 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Royce Micro-Cap Trust occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of RMT, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including RMT, twice per month. The most recent reporting period available is April, 15 2024.